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English definition of “discount”


[C or U] COMMERCE a reduction in the usual price of a product or service: get/receive a discount You get a discount if you buy four ink cartridges.give/offer a discount Car manufacturers are offering discounts of up to 15% on all new models.huge/deep/big discount They purchased the stock at a huge discount. The price without discount will be around $55.
[C, usually singular] FINANCE the difference between the reduced price that you originally paid for a security, and the amount you will be paid back when it is ready to be paid: All these securities are sold at a discount to their par value. → See also banker's discount, bond discount, bulk discount, cash discount, case rate discount, deep discount, frequency discount, no claims bonus, trade discount, volume discount
(Definition of discount noun from the Cambridge Business English Dictionary © Cambridge University Press)
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